Innovation and the appearance of Industry 4.0 at the University of Sopron

Károly Szóka ()
Additional contact information
Károly Szóka: Faculty of Economics, University of Sopron Alexandre Lamfalussy

No 10613045, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Today's management and production systems are no longer sustainable; let us think of climate change, garbage mountains or even the scarcity of energy resources. Therefore, in the last 10-15 years new (digital) business models have been developed that rely on innovation to increase the efficiency and competence of management. This is collectively called the Fourth Industrial Revolution, which is a combination of technologies and a trend that transforms the different disciplines, the economy, and the industrial functioning. The collaboration and combination of never-seen technologies appeared, web control completely took control of physical limitations and digitalization became an integral part of our daily lives. Industry 4.0 is a great opportunity, but it is also a big task. This focuses on the significant new potentials and opportunities linked to these technological advances. The birthplace of these developments and innovations is often a university, a research institute, or their cooperation. In this study, we will review the importance and role of innovation and Industry 4.0 and briefly present the University of Sopron. Furthermore, the innovation and Industry 4.0 research, which have already been completed and are still under way, their results, and the possibilities for implementation, will be presented.

Keywords: Higher education; Research and development; Innovation; Industry 4.0 (search for similar items in EconPapers)
JEL-codes: I23 L24 O32 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2020-07
References: View complete reference list from CitEc
Citations:

Published in Proceedings of the Proceedings of the 54th International Academic Virtual Conference, Prague, Jul 2020, pages 322-333

Downloads: (external link)
https://iises.net/proceedings/2020-international-a ... 06&iid=024&rid=13045 First version, 2020

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:10613045

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova ().